Regulation E Series: Auditing for Reg E Compliance

Regulation E Series:  Auditing for Reg E Compliance

Regulation E Series: 
Auditing for Reg E Compliance
Tuesday, September 17, 2019
3:00 pm – 4:30 pm Eastern

 

Regulation E is one of the most important regulations governing deposit operations.  It establishes the rights, liabilities, and responsibilities of all participants in the electronic fund transfer systems.  Everyone knows that Reg E applies to ATM and debit card transactions, but Reg E is so much more.  It covers all types of electronic fund transfers such as ACH direct deposit, electronic bill pay, online banking, and mobile banking.  Reg E also contains the disclosures required for prepaid and gift cards and restricts the related fees and expiration dates.  In addition, it governs remittances from U.S. consumers to individuals and businesses in foreign countries.  This webinar will be a comprehensive review of the numerous Reg E requirements important to your deposit operations.

Highlights:

  • Types of transactions covered by Reg E 
  • Reg E model disclosures 
  • Required opt-in provisions before overdraft fees can be charged
  • Review of the CFPB’s detailed compliance checklists for issuance of access devices, periodic statements, overdraft service opt-in, prepaid cards, and error resolution
  • Your institution’s liability for violating Reg E
  • Reg E record retention requirements 

Take-Away Toolkit:

  • Electronic Fund Transfer Act examination procedures published by the CFPB, including a 32-page examination checklist
  • Employee training log
  • NEW – Interactive quiz

Who Should Attend?

This informative session will benefit all deposit staff, tellers, service representatives, new accounts personnel, account officers, managers, auditors, attorneys, and compliance personnel. 

Speaker:

Elizabeth Fast, JD, CPA, Spencer Fane LLP

Elizabeth Fast is a partner with Spencer Fane LLP where she specializes in the representation of financial institutions.  Elizabeth is the head of the firm’s training division.  She received her law degree from the University of Kansas and her undergraduate degree from Pittsburg State University.  In addition, she has a Master of Business Administration degree and she is a Certified Public Accountant.  Before joining Spencer Fane, she was General Counsel, Senior Vice President, and Corporate Secretary of a $9 billion bank with more than 130 branches, where she managed all legal, regulatory, and compliance functions.  She is a member of the Missouri State Banking Board by appointment of the Governor. 

 

Attendance verification for CE credits provided upon request.

Webinar Sponsored by Financial Education & Development

If you are having issues with registering online, please contact CBAO's Education & Training Coordinator, Lianne Simeone, (614) 610-1877.

Registration Options
Live Webinar: Register for the live event and get five days access to the On Demand Playback. You’ll have an opportunity to ask questions during the presentation and be free to review the content for the next 5 (business) days Registration also includes links to presenter materials, handouts, and pdfs.
Recorded Webinar + Free Digital Download: Can’t attend the live webinar?  This option provides a recording of the live event, including audio, visuals, and handouts.  We even provide the presenter’s email address for follow-up questions. You will receive an email with the recorded webinar link, which can be viewed anytime 24/7, beginning 6 business days after the webinar.  You will also receive instruction on how to download a free digital copy of the webinar to your PC, which you may keep and use indefinitely.

Live Webinar: Register for the live event and get five days access to the On Demand Playback. You’ll have an opportunity to ask questions during the presentation and be free to review the content for the next 5 (business) days Registration also includes links to presenter materials, handouts, and pdfs.
Additional Hookups: Registering another banker from a different location
Live Webinar + On-Demand Link : Both live webinar & recorded webinar + free digital download 

When
9/17/2019 3:00 PM - 4:30 PM

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